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RPT VATMonthly Returnnew

Sri Murugan Dyeing, with TIN 33203205104, is submitting its monthly VAT return for May 2015. It had no input tax credit carried forward from the previous month. During the month, it purchased goods worth Rs. 15,600 taxable at 5% VAT and claimed input tax credit of Rs. 780. Its total sales were Rs. 0. After adjusting for input tax credit of Rs. 780, its net tax payable was Rs. 0.

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69 views1 page

RPT VATMonthly Returnnew

Sri Murugan Dyeing, with TIN 33203205104, is submitting its monthly VAT return for May 2015. It had no input tax credit carried forward from the previous month. During the month, it purchased goods worth Rs. 15,600 taxable at 5% VAT and claimed input tax credit of Rs. 780. Its total sales were Rs. 0. After adjusting for input tax credit of Rs. 780, its net tax payable was Rs. 0.

Uploaded by

cachandhiran
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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FORM I

[see Rule 7(1)


VALUE ADDED TAX MONTHLY RETURN
Name of the dealer:

SRI MURUGAN DYEING, PROP:K.SURESH

To
The Assessing Authority,

TIRUCHENGODU RURAL

Circle,

TIN

Month

33203205104

INPUT TAX CREDIT


1

TAX PAYABLE

Input Tax Credit carry-forward (Rs.) (A)


(No input tax credit of capital goods to be included here)
INPUT ITEMS

0 1 Purchase turnover under Sec. 12

Tax due
Rs.(A1)

0.00

(Rs.)

Purchase value during


the
month(Rs.)

Input Tax credit


(VAT paid)(Rs.)

(First schedule goods)

OUTPUT ITEMS

0.00

Sales turnover/ value


inside the State(Rs.)

(Input Tax Credit allowable)

VAT due (Rs.)

(a) Goods taxable at 1%

0.00

0.00

(a) Local sales at 1%

0.00

0.00

(b) Goods taxable at 2%

0.00

0.00

(b) Local sales at 2%

0.00

0.00

(c) Goods taxable at 4%

0.00

0.00

(c) Local sales at 4%

0.00

0.00

(d) Goods taxable at 5%

15,600.00

780.00

(d) Local sales at 5%

0.00

0.00

(e) Goods taxable at 12.5%

0.00

0.00

(e) Local Sales at 12.5%

0.00

0.00

(f) Goods taxable at 14.5%

0.00

0.00

(f) Local Sales at 14.5%

0.00

0.00

(g) Purchase under Sec. 12

0.00

0.00

Total=(a)+(b)+(c)+(d)+(e)+(f)

0.00

0.00

Less: Sales return/Unfructified sales

0.00

0.00

Total
2

Year 2015

05

Less :

Reverse Credit*

780.00 2

15,600.00
0.00

Total (F)

0.00

Less: ITC refund claimed as


per G.O

0.00

TOTAL (NET)

(B)

15,600.00 (B1)

Goods exempted

(C)

0.00

780.00

Zero rate sales

(G)

(F1)

0.00

0.00

0.00

1. Adjustment of advance tax

0.00

2. Entry tax paid, if any

0.00

Less:

(H1)

(T1) = (F1) - (H1)

0.00

(T2) = (A1)+(T1)

0.00

(S1)

Total (1+2)
Net tax payable

OUTPUT ITEMS
(Input Tax Credit not all allowable)

Eligible Input Tax


Credit (Rs.)

CAPITAL GOODS

Exempt sales
Less: Sales return/Unfructified sales

(a) Upto previous month

0.00

0.00

(b) during the month

0.00

0.00

Total

0.00

0.00

Reverse Credit*

0.00

0.00 3 Sales Under Sec. 10

Less :

Less:ITC refund claimed as


per G.O
TOTAL (NET)

(D)

0.00

(D1)

Total

Total Input Tax Credit (E) =

* vide Sec 19

(A+B1+D1)

0
(J)

0.00

(S)

0.00

0.00

1. Adjustment of advance tax

0.00

0.00

2. Entry tax pid, TDS, refund, if any

0.00

Less:
4

0.00

780.00
Only for Companies
availing incentives as per
G.O.

Total TurnOver

(T3)

0.00

Net tax payable (T4)


= (T2+S1)-(T3)

0.00

Total (1+2)
(F)+(J)+(S)

0.00

(1) Output Tax Paid and claimed Refund

P1

0.00

(2) Tax Deferred

P2

0.00

NET TAX PAYABLE (T4) REVISED

(T4)-(P1+P2)

0.00

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